TITLE

FOCUS PROPERTY BOSS ADJUSTS TO SLUMP

AUTHOR(S)
Smith, Hubble
PUB. DATE
February 2009
SOURCE
Las Vegas Business Press (10712186);2/2/2009, Vol. 26 Issue 5, pP20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article announces that Focus Property Group has stopped all construction activities at the 5,000-acre development at Mountain's Edge community in southwestern Las Vegas Valley to survive the worst economic crisis in Nevada's history. It also delayed its other development projects in Providence in northwestern Las Vegas and Inspirada in Henderson. Likewise, Focus is facing a lawsuit filed by Wachovia Bank who is accusing the group for not living up to its building commitments at Kyle Canyon.
ACCESSION #
40537955

 

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